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YourLazyTrader

GBP/USD looks weak at the moment, but 1.14 has value

Pound Inggris / Dollar AS (FX:GBPUSD)  
YourLazyTrader  
FX:GBPUSD   Pound Inggris / Dollar AS
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdlong gbpusdanalysis gbpusdsignal gbpusdtrade
22
11
trendanalysis chartpattern beyondta gbpusd gbpusdlong gbpusdanalysis gbpusdsignal gbpusdtrade
As predicted in my previous idea GBP/USD reach my target at 1.17 ( almost 300 pips profit from our buy at 1.1410 level)
However, a strong US dollar has once again pushed GBP/USD lower. In my opinion, GBP/USD could slide back to the
1.14 level once again.

If that happens, I would looking to go long. 1.1410-1.1460 remains my preferred buy zone. That being said, I would urge
traders to use a relatively small lot size for their buys.
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